About Ambit Energy

Ambit Energy provides electricity and natural gas services in
deregulated markets across the United States, primarily marketed through
a direct sales channel of more than 150,000 Independent Consultants.

Based in Dallas, Texas, our company is focused on being the finest
and most-respected retail energy provider in the industry, offering
cost-effective choices for today’s energy consumer.

In 2010, Ambit was named #1 Fastest-Growing Private Company in
America by Inc. Magazine, and we continue to pick up steam as the
fastest-growing company in the retail energy sector today.

Our History: A Tale of Innovation, Integrity & Opportunity

It all started with a simple lunch meeting. On a spring day in 2006,
two men had a friendly chat about energy deregulation over turkey
sandwiches. Those men – Jere Thompson, Jr. and Chris Chambless – were
both excited about the opportunity they saw, and thus began their
journey to build “the finest and most-respected retail energy company in
America.”

Their new venture would provide affordable electricity and gas, and
they agreed that their company would never sacrifice integrity for
growth.

The Co-Founders went to work immediately, borrowing office space from
Jere’s brother. A few weeks later, Jere and Chris set up shop in a
large, renovated warehouse in the historic West End district of downtown
Dallas. The expansive office space suited their needs perfectly –
helping to establish a feeling of “openness” and enabling faster
communication. They bought several $19 fold-up tables to use as desks
and put together a team of experienced executives who shared their
vision.

The rest is history – and the results have been extraordinary.

Ambit Energy recorded revenues of almost $200 million in 2008 and
nearly $325 million in 2009. As a result of this tremendous growth,
Ambit was named the fastest-growing privately-held company in north
Texas by SMU’s Caruth Institute for Entrepreneurship in their annual
Dallas 100™ rankings.

And 2010 brought further public recognition, when Ambit made the
SMU/Cox Dallas 100™ for the second year in a row, as well as the Top 100
Places to Work by the Dallas Morning News. But the biggest achievement
of them all was being named “America’s Fastest-Growing Private Company”
by Inc. magazine, which placed Ambit at #1 on the publication’s renowned “Inc. 500” list.

Behind it all, the company’s U.S.-based Customer Care Center is
well-trained to handle all customer relationships. And proprietary
technology called BlueNet™ manages all aspects of the customer
life-cycle – from utility transactions between customers and
transmission providers to web-based account management and billing
tasks.

As one of the fastest-growing retail energy providers in every market
they currently service, the Ambit Energy team, Consultants and
customers are energized for the bright future ahead!